Answer
Dec 02, 2024 - 08:12 AM
The SECURE Act was passed in 2019 to enhance rules around retirement savings, particularly regarding retirement account distributions and saving methods. SECURE 2.0, or "The Securing a Strong Retirement Act," expanded on the original SECURE Act by introducing additional changes, such as adjustments to the age for Required Minimum Distributions (RMDs) and other retirement planning provisions.